My Alert: Spread widening will be killing all the traders

MKTrader · Mar 25, 2020

zdreg said:
People suffered for 12 years during the Depression.

Life and technology (not to mention the Fed) were so different at that time that it's not even worth comparing. For one thing, you didn't have a large sector of the economy who could work from home. The length of the depression is completely immaterial right now just as it was in '87, the Dot Com bust, 2008, etc.

farmerjohn1324 · Mar 25, 2020

zdreg said:
re: bankruptcy in your future
Companies are leveraged to the hilt. They became addicted to low interest rates. These companies will go bankrupt, when debt matures and interest rates may be higher or loans unavailable from banks or there may be no public appetite for bonds.

There's a bankruptcy in my future?

gaussian · Mar 25, 2020

nooby_mcnoob said:
People are definitely losing their jobs left, right and center. At least three people I know directly or indirectly in the last 5 days.

Nicely done, China.

https://twitter.com/x/status/1217043229427761152

Never forget the WHO promoted the Chinese conspiracy to cover up a pandemic.

zdreg · Mar 25, 2020

farmerjohn1324 said:
There's a bankruptcy in my future?

Only if you listen to Sig and Piezoe,

PoopyDeek · Mar 25, 2020

akine said:
A new economic model is on the horizon and it will not be $ based!

I dont say short your $s but find something to accommodate it.

Days of printing green ink on wc papers is over.

farmerjohn1324 · Mar 25, 2020

zdreg said:
Only if you listen to Sig and Piezoe .

Well I closed out with a $3,000 profit at about 9:40 a.m.

zdreg · Mar 25, 2020

farmerjohn1324 said:
Well I closed out with a $3,000 profit at about 9:40 a.m.

Mission accomplished.

farmerjohn1324 · Mar 25, 2020

zdreg said:
Mission accomplished.

Yeah except that I would have had $6,649 of profit right now if I hadn't sold it. I keep doing this. Capping my gains like this.